Closing Bell

03:30 PM: The Sensex closed at 17,594.42, up 181.46 points or 1.04 per cent and the Nifty ended at 5,332.20, up 49.65 points or 0.94 per cent.

03:00 PM: Shares of IRB Infrastructure shed most of the intraday losses after the management clarified to ET Now that it has not received any communication from investigating agencies in regards with warrants against company officials.

10:00 AM: The Nikkei share average rose on Tuesday, extending the previous session's sharp rally, driven by strength in steelmakers after U.S. peer AK Steel announced price increases in a sign of an improving business.

09:55 AM: Rupee extends gains to a third session, tracking gains in Asian currencies, say dealers. The pair is at 55.33/35 after closing Monday trade at 55.52/53.

09:50 AM: Dealers say the market is waiting for concrete reform moves by the government after Finance Minister Palaniappan Chidambaram said he plans to rein in the fiscal deficit and address tax concerns of overseas investors.

09:40 AM: The BSE IT Index was trading 0.8 per cent higher, the BSE Healthcare Index advanced 0.76 per cent and the BSE Realty Index was up 0.67 per cent while the BSE Oil & Gas Index slipped 0.2 per cent.